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Alternative Investments

05/13/2024

NCM Asset Management Ltd. Announces Results of Special Meeting of Securityholders

Securityholders of the Terminating Fund have the right to redeem securities of, and make switches out of, the fund up to the close of business on May 17, 2024.

05/10/2024

Gen II Announces The Rebranding of its Portal to Sensr Portal

The secure and modern portal enables GPs to provide increased transparency and enhanced reporting to LPs

05/10/2024

Bridgewater’s new CEO says hedge fund must be ‘rewired’ following Ray Dalio’s exit

In an interview with the Financial Times, Nir Bar Dea vowed to overhaul the Westport

05/09/2024

$585M Wells Fargo Team Jumps to DayMark Wealth Partners

Thomas Hofstetter and Daniel Baron will join the Ohio-based DayMark, a Dynasty Financial Partners member firm managing about $2.5 billion in assets.

05/09/2024

Triodos Bank joins forces with Fondaction to accelerate positive change in global finance

Collaborating with institutions that share our vision and values is essential to fostering the transformation needed to shape tomorrow’s economy.

05/09/2024

Core Spaces launches wealth management platform

The student housing firm has tapped brothers Tom and John Dine to lead the investment vehicle as managing directors.

05/09/2024

Robinhood shares gain as retail trading rebound powers record quarter

Its cryptocurrency revenue more than tripled to $126 million. Monthly active users also hit a near two-year high.

05/08/2024

Lincoln Financial Group Completes Sale of Wealth Management Business to Osaic, Inc.

The sale provides Lincoln with approximately $650 million of capital benefit

05/03/2024

Janus to acquire EM private team and ETF firm as Q1 outflows hit $3bn

The fund manager has poached the team from NBK and struck a deal to acquire European ETF firm Tabula on the back of a tough trading period.

05/03/2024

John Hancock Investment Management Launches New High Yield ETF Subadvised by Marathon Asset Management

US$ unless otherwise stated

05/03/2024

Altruist lifts valuation to $1.5 billion on $169 million fund raise

The new round brings the company’s total funding to over $450M and values the company north of $1.5B.

05/01/2024

UMB Financial Corporation acquires Heartland Financial in $2bn deal

The firms expect the deal to be finalised in the first quarter of 2025 subject to customary closing conditions, including regulatory approvals and approval by HTLF and UMB shareholders.

05/01/2024

Wells Fargo investors approve executive pay, CEO underscores risk controls

Regulators mandated additional oversight and imposed a $1.95 trillion asset cap that prevents the San Francisco-based bank from growing until it has fixed the problems.

05/01/2024

Nasdaq, S&P 500 fall as investors take cover before Fed decision

While they're probably not going to explicitly talk about the possibility of rate hikes

05/01/2024

BlackRock's Fink on opportunities and the firm's social impact amid 'global fracture'

The panel turned to social impact, with Fink outlining investments in the “emerging south” and other strategies such as decarbonization

04/30/2024

Empowering women investors through venture capital

Her brand is especially associated with investing in women’s health, having launched “the first ever” venture capital fund focused on this area in 2018.

04/30/2024

Diversify Advisor Network Launches Retirement Plan Advisory Services

Latest value-add service reinforces the benefits of Diversify's scale and commitment to providing full advisor support, empowering advisors to focus on clients and grow their business

04/27/2024

BlackRock Activates Retirement Solution Offering A Paycheck For Life

LifePath Paycheck can help alleviate that concern for half a million people with more to follow

04/27/2024

Wealth Enhancement Group Announces the Addition of Lynch Retirement Investment Group, a Hybrid RIA with Over $502 Million in Client Assets

This partnership marks Wealth Enhancement Group's fourth office in Maryland, bringing the firm's total client assets to more than $81.9 billion.

04/26/2024

Future Proof Announces Biggest Event Concept Yet – Future Proof Citywide, Taking Over Miami Beach in March 2025

The groundbreaking outdoor event will serve as a catalyst for building and convening the modern investment management ecosystem

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